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Category Archives: Financial Results

Financial results of Shadab Textile Mills Limited for period ended June 30, 2014

Karachi, First Dawood Investment Bank Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on September 30, 2014.
The agenda of the meeting was discussion of un-audited interim prof…

The post Financial results of Shadab Textile Mills Limited for period ended June 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of TRG Pakistan Limited for the half year ended December 31, 2013

Karachi: TRG Pakistan Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 7, 2014. The agenda of the meeting was discussion of the profit and loss account for the half year ended December 31, 2013 which portrayed a loss of Rs. 1,173,848 and loss per share Rs.2.48 basic and diluted. Nil payment of cash dividend, bonus shares and right shares was agreed. The Resource Group Pakistan Limited is engaged in managing and maintaining the telephone answering services, call centers, business process outsourcing services and information technology related services in Pakistan. The group operates internationally in various different countries including North America, Africa and Europe. The registered office of the business is located in Karachi. TRG operates in the business process outsourcing sector. The company has acquired more than twenty four companies in the last decade which develops a global structure for the organization. The symbol “TRG” is being used by the stock exchanges for the shares of The Resource Group Pakistan Limited.

Askari General Insurance Company Limited declares results for the year ended December 31, 2013

Karachi: Askari General Insurance Company Limited informed Karachi Stock Exchange that the company declared results for the year ended December 31, 2013 posting a profit after tax to Rs. 115,578,265 translating into earnings per share @ Rs. 3.07 (basic & diluted) in December 2013. The annual general meeting of the company will be held on April 30, 2014 and the share transfer book will remain closed from April 24, 2014 to April 30, 2014 (both days inclusive). Further, the company also recommended no cash dividend, bonus share, right share or any other entitlement.

The post Askari General Insurance Company Limited declares results for the year ended December 31, 2013 appeared first on AsiaNet-Pakistan.

Punjab Oil Mills Limited declares results for the half year ended December 31, 2013

Karachi: Punjab Oil Mills Limited informed Karachi Stock Exchange that the company declared results for the half year ended (July-December) 2013 posting a profit after tax to Rs. 60,846,513 translating into earnings per share @ Rs. 11.29 (basic & diluted) in December 2013. The company also recommended an interim cash dividend for the half year ended December 31, 2013 @ Rs. 2.5/- per share i.e. 25%. Further the Bonus issue and Rights shares are nil. The share transfer books of the company will be closed from April 15, 2014 to April 21, 2014 (both days inclusive).

The post Punjab Oil Mills Limited declares results for the half year ended December 31, 2013 appeared first on AsiaNet-Pakistan.

PICIC Insurance Limited declares results for year ended December 31, 2013

Karachi: PICIC Insurance Limited has informed Karachi Stock Exchange that their Board Meeting held on March 12, 2014 has approved financial results for the year ended December 31, 2013, posting a profit after tax to Rs. 9,424,000 translating into earni…

The post PICIC Insurance Limited declares results for year ended December 31, 2013 appeared first on AsiaNet-Pakistan.

Fecto Cement Limited’s financial results for the year ended June, 2013

Karachi, September 26, 2013 (PPI-OT): We have to inform you that Board of Directors of our Company in their meeting held on Thursday September 26, 2013, at 11:30 A.M. at the Registered Office, 35-Darulaman Housing Society, Block 7/8 Shahrah Faisal, Karachi recommended the following: For the year ended Junee30, 2013 Cash Dividend 15% Financial results of the Company for the year ended June 30, 2013 are attached herewith as Annexure “A”. The Annual General Meeting of the Company will be held at the Registered Office, 35-Darulaman Housing Society, Block 7/8, Shahrah-e-Faisal, Karachi at 12.00 noon on Monday October 2 8, 2013. The Shares Transfer books of the Company will be closed from Saturday October 19, 2013 to Monday October 28, 2013 (both days inclusive). Transfers received at the office of our Share Registrar Technology Trade (Private) Limited, 241-C, Block 2, P.EC.H.S. Karachi at the close of business on Friday October 18, 2013 will be treated in time for the purpose of above entitlement to the transferees. We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange in due course of time. Annexure “A” Profit and Loss Account for the Year Ended June 30, 2013 (Rupees in thousands) 2013 2012 Sales Net 4,588,064 4,342,634 Cost of Sale (3,333,514) (3,376,972) ——— ——— Gross Profit 1,254,550 965,662 Administrative expenses (143,032) (127,347) Distribution cost (230,577) (321,972) Finance Cost (143,328) (205,707) Other income 20,678 7,873 ——— ——— (496,259) (647,153) ——— ——— 758,291 318,509 Worker’ funds (52,323) (21,977) ——— ——— Profit before taxation 705,968 296,532 Provision for taxation Current (30,648) (43,401) Deferred (92,170) 93,598 ——— ——— (122,818) 50,197 ——— ——— Profit after taxation 583,150 346,729 ——— ——— (Rupees) Earnings per share-basic and diluted 11.63 6.91 ——— ——— For more information, contact: Abdul Samad Company Secretary Fecto Cement Limited 35, Darul Aman Housing Society, Block 7/8, Shahrah-e-Faisal, Karachi – 75350, Pakistan, Phones: (+9221) 34530120-2 and 4 Fax: (+9221) 34530123 and 34546455 E-mail: cement@cyber.net.pk Website: www.fectogroup.com

The post Fecto Cement Limited’s financial results for the year ended June, 2013 appeared first on AsiaNet-Pakistan.

Prosperity Weaving Mills Limited’s financial results for the year ended June 30, 2013

Karachi, September 26, 2013 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held today September 26, 2013 at 12:30 p.m. at Lahore, recommended the following:
(i) Cash Dividend
Final Cash dividend for the year…

The post Prosperity Weaving Mills Limited’s financial results for the year ended June 30, 2013 appeared first on AsiaNet-Pakistan.